Global ship orders may take a decade to mend as crisis builds
Krystal Chia & Annie Lee / Bloomberg News August 30, 2020 https://businessmirror.com.ph/2020/08/30/global-ship-orders-may-take-a-d...
THERE’S hardly anyone buying new ships, with orders plunging to a 20-year low due to a potent combination of uncertainty over environmental regulations, the economic fallout from the coronavirus pandemic and a lack of financing.